THE BUGATTI TYPE 22 THAT HAD LAIN SUBMERGED 53 METERS BELOW THE SURFACE OF LAKE MAGGIORE FOR OVER 70 YEARS HAD ATTRACTED MUCH PRE-SALE PUBLICITY. A NUMBER OF TELEPHONE BIDDERS SPARRED AGAINST THOSE IN THE SALE-ROOM. THE WINNING BID, A EUROPEAN COLLECTOR REPRESENTING THE PETER MULLIN COLLECTION IN CALIFORNIA, WILL SHOW THE CAR IN ITS PRESENT CONDITION IN HIS MUSEUM, WHEREAS THE UNDER-BIDDER, AN AMERICAN CLASSIC-AUTO COLLECTOR HAD INTENDED TO RESTORE THE CAR.
THE ANDALUSIAN COLLECTION FROM SPAIN FETCHED €3,175,000 WITH 20 OUT OF 27 MOTOR CARS SELLING. THE AUTOMOBILIA SECTION ALWAYS DELIVERS A SURPRISE AND LOT 49, A PAIR OF PERIOD ROLLS-ROYCE BOOKENDS, SOLD FOR €19,225, SOME 10 TIMES THE PRE-SALE ESTIMATE. JAMES KNIGHT, GROUP HEAD OF BONHAMS' MOTORING DEPARTMENT SAID: 'I AM PLEASED THAT BONHAMS HAVE DELIVERED ANOTHER GOOD SALE AT RETROMOBILE. THE PARTNERSHIP OF BONHAMS AND RETROMOBILE ORGANIZATIONS ENSURE WE CAN PRESENT A WORLD CLASS AUCTION FOR A WORLD CLASS EVENT. THE LAKE MAGGIORE BUGATTI WAS A TREMENDOUS RESULT AND I AM PLEASED IT HAD GONE TO A GOOD HOME WHERE IT WILL BE DISPLAYED IN ITS PRESENT FORM.'
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